Tripoli Rocketry Association Incorporated

Analysis

Tripoli Rocketry Association Incorporated is a registered charity in United States, based in West Jordan, UT. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tripoli Rocketry Association Incorporated reported income of $315k and spending of $289k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $315k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tripoli Rocketry Association Incorporated sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within UT. Charities of a similar size with the same main cause include Little League Baseball Inc ($315k), St Lukes Regional Medical Center Auxiliary Inc ($315k) and Juniata County Library Inc ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $404k against liabilities of $0, net assets of $404k.